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Archive - 11/28/2025 - Sign In to see current Signals. |
Occidental Petroleum (OXY) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Occidental Petroleum (OXY). During the week, the OXY gained 0.56 points, or 1.35%, and closed at 42.00 on Friday, November 28, 2025. Weekly volume was -39% below average. OXY is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See OXY long-term trend chart] A long-term downtrend had started on August 29, 2022 at 77.13 and reached 34.79 on April 9, 2025. OXY lost 42.34 points, or 54.89%, in 136 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 29.55 and resistance is at 47.01. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See OXY medium-term trend chart] A medium-term downtrend had started on September 30, 2025 at 49.45 and reached 39.75 on November 4, 2025. OXY lost 9.70 points, or 19.62%, in 5 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See OXY weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since October 17, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See OXY short-term trend chart] A short-term uptrend had started on November 4, 2025 at 39.75 and reached 43.42 on November 11, 2025. OXY gained -3.67 points, or -9.23%, in 7 days. Price is near the Fibonacci 38.2% retracement level.
Daily Technical Indicators: [See OXY daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since November 6, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 6.95% on Friday. It is 51.54% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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